Budget facility for $140,000 with a 10.7% yield
Apartment: Studio in Candice Acacia Tower
Neighborhood: Al Furjan
Total Cost: $140,000
Net income: $1259 per month
Neighborhood: Al Furjan
Total Cost: $140,000
Net income: $1259 per month
Budget facility for $140,000 with a 10.7% yield
Apartment: Studio in Candice Acacia Tower
Neighborhood: Al Furjan
Total Cost: $140,000
Net income: $1259 per month
Neighborhood: Al Furjan
Total Cost: $140,000
Net income: $1259 per month
In December 2022, a client came to us with a request for a property up to $150,000 with a good yield. We chose a studio in the Al Furjan neighborhood - we had already rented several apartments there, and there was consistently high demand for them.
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Al Furjan neighborhood Al Furjan is a family-friendly neighborhood with low-rise buildings. Eco-friendly: There are many parks and no highways within the neighborhood - you can walk or cycle. Good transport accessibility: 2 metro stations and exit on Sheikh Zayed road - by transport you can get to the beach and Marina in 15 minutes. Developed infrastructure: school and 2 kindergartens, shopping center, sports clubs, medical center, many playgrounds. |
- Candice Acacia tower by developer Azizi
- Studio with 1 bathroom
- Area 48 sq.m.
- 1 floor out of 11
- Private terrace
Our team prepared a design project for the apartment, made repairs, purchased furniture, decor and everything necessary for living.
Just 1 month after the deal was finalized, we rented out the apartment for $1259 per month, and in February 2023 our client made his first profit.
Complete facility calculations
Cost of the object
122 110 $
Renovation and furnishing
6 843 $
Land Department
4 744 $
Property registration
1151 $
Colife Commission
4 164 $
Check manager
1 562 $
Total cost
140 580 $
Cost of the object
122 110 $
Renovation and furnishing
6 843 $
Land Department
4 744 $
Property registration
1151 $
Colife Commission
4 164 $
Check manager
1 562 $
Total cost
140 580 $
Rental cost
21 775 $
Building maintenance
3 816 $
Colife Commission
3 246 $
Net income
15 108 $
ROI
10,7%
Rental cost
21 775 $
Building maintenance
3 816 $
Colife Commission
3 246 $
Net income
15 108 $
ROI
10,7%
We will find a liquid object for you and lease it to you
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